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4403 W Villa Linda Drive Glendale, AZ 85310

4 Beds 2 Baths 2,148 sqft Built 1990

$497,000

List Price

$1,830

$1.6K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $231.38
  • 2 Days on Market
  • MLS # : 6206833
  • Updated Date : 03/13/2021 at 03:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,148 sqft
  • Baths : 2 full
Listing Agent

Found Realty

Listing Agent's Description

Spectacular newly painted 4 Bedroom/ 2 Bath single level home situated on a North/ South facing lot! Incredible pride of ownership exists throughout this home... including tile flooring, plantation shutters, granite countertops, brick fireplace, resort style backyard featuring a sparkling pool with relaxing water feature. Mature landscaping with irrigation system, covered patio with ceiling fans, detached storage shed with possibility of work space or work shop/playhouse. Master bedroom includes walk-in closet, garden tub, double sinks, separate shower/ tub. Kitchen features many custom upgrades including cabinetry, granite countertops, kitchen island, stainless steel appliances and wine cooler. Do not miss out. See it today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Upland Hills

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $104k317k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Upland Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000105011001150120012501300135014001450150015501600Rent in $9521639

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Hillcrest Middle School Middle Regular 991 40 8
Sandra Day O'connor High School High Regular 2,481 108 6
Hillcrest Middle School Middle Unknown NA

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 991
  • # of teachers: 40
8
GreatSchools Rating

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating

Hillcrest Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$447,300$546,700$497,000

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$1,726
Property Tax -$296
Property Insurance -$69
Property Management Fees -$99
CASH FLOW
-$360

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$497,000

PROJECTED PRICE

$1,830

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$137,455

INVESTMENT

$137,455

Down Payment
$124,250
Rehab Estimate
$5,750
Closing Costs
$7,455

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,726

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,250
Loan Amount $372,750
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$6,744

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,830

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $2,014

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,830
1$1,8302$1,8453$2,0754$2,1005$2,200
$2,200
RENT COMPS ANALYSIS
  • 4403 W Villa Linda Drive Glendale, AZ 1
    • 4 beds 2 baths ∙ 2,148 Sqft ∙ Built 1990 4 beds 2 baths ∙ 2,148 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.85
    •  
  • 4128 W Whispering Wind Drive Glendale, AZ 2
    • 3 beds 3 baths ∙ 2,108 Sqft ∙ Built 1992 3 beds 3 baths ∙ 2,108 Sqft ∙ Built 1992
    property image
    LEASED 10/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $0.88
    •  
  • 4050 W Avenida Del Sol Lane Glendale, AZ 3
    • 4 beds 3 baths ∙ 2,099 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,099 Sqft ∙ Built 1988
    property image
    LEASED 10/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,075
    • $0.99
    •  
  • 4603 W Villa Linda Drive Glendale, AZ 4
    • 3 beds 2 baths ∙ 2,281 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,281 Sqft ∙ Built 2002
    property image
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.92
    •  
  • 4335 W Electra Lane Glendale, AZ 5
    • 4 beds 2 baths ∙ 2,292 Sqft ∙ Built 1994 4 beds 2 baths ∙ 2,292 Sqft ∙ Built 1994
    property image
    LEASED 02/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.96
    •  
PROPERTY LISTING DETAILS
Jenna Alvarez
Found Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6206833
Last Updated: 03/13/2021
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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